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YES BANK has signed a Memorandum of Understanding with Dewan Housing Finance Corporation Limited (DHFL), a leading housing finance group for distribution of Home Loans to all YES BANK customers. In the first phase, this joint product will be targeted to customers through the 60 main branches of YES BANK across 25 cities in India. […]

Private sector Kotak Mahindra Bank Monday raised base rate or minimum lending rate and fixed deposit rates by up to 50 basis points in response to policy rate hike by Reserve Bank. The bank also hiked its Benchmark Prime Lending Rate (BPLR) upwards by 50 basis points making loans expensive for the existing borrowers. Besides, […]

Even before RBI increased key policy rates, State Bank of India, increased the base rate by 25 basis points. SBI base rate stands at 8.5% as of now. This is not really surprising for people who have been keenly following the RBI and other banks since the past one year. Also, SBI did not increase […]

If you have an inoperative employee provident fund account, now is the right time to withdraw your corpus, as it is not earning any interest. With the interest rates on fixed deposit soaring high, it is time to withdraw your employee provident money. From April 1 all inoperative or dormant accounts have stopped earning interest. […]

JRG Securities is bullish on LIC Housing Finance and has recommended accumulate rating on the stock with a target of Rs 240 in its May 6, 2011 research report. “LIC Housing Finance Ltd. Or “LHFL” promoted by the LIC of India is one of the largest Housing Finance companies in India. The company provides Long-Term […]